January 15, 2025 · Form 4 insider transaction
Ireland Drew bought 20,394 shares of FVR at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 370 days after the transaction.
Represents units of limited partnership interest designated as "LTIP Units" in FrontView Operating Partnership LP (the "Operating Partnership") granted pursuant to Issuer's 2024 Omnibus Equity and Incentive Plan and the Amended and Restated Agreement of Limited Partnership of the Operating Partnership, dated as of October 3, 2024 (as amended, the "Partnership Agreement"). LTIP Units have no expiration date.; Each LTIP Unit may be converted at the election of the Issuer or the holder, into a common unit of limited partnership interest in the Operating Partnership (an "OP Unit") only if the vesting conditions described below and other conditions set forth in the Partnership Agreement are met. Each OP Unit is thereafter redeemable at the election of the holder for cash equal to the then fair market value of one share of the Issuer's common stock (a "Share"), or at the Issuer's election, one Share, subject to adjustment as set forth in the Partnership Agreement.; These LTIP Units vest in equal annual installments as to 1/4 of such LTIP Units on each of January 15, 2027, 2028, 2029, and 2030, subject, generally, to continued service with the Issuer through the applicable date.